Power Co. of Canada (TSE:POW – Get Free Report) had its price target increased by equities researchers at Royal Bank Of Canada from C$73.00 to C$86.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 7.82% from the company’s current price.
A number of other research analysts have also recently issued reports on the stock. TD cut shares of Power Co. of Canada from a “buy” rating to a “hold” rating and lifted their price objective for the company from C$74.00 to C$84.00 in a report on Thursday. Desjardins lifted their price objective on shares of Power Co. of Canada from C$78.00 to C$79.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Jefferies Financial Group lifted their price objective on shares of Power Co. of Canada from C$68.00 to C$73.00 in a report on Friday, March 20th. National Bank Financial lifted their price objective on shares of Power Co. of Canada from C$77.00 to C$85.00 and gave the company a “sector perform” rating in a report on Wednesday. Finally, Canadian Imperial Bank of Commerce lifted their price objective on shares of Power Co. of Canada from C$75.00 to C$78.00 and gave the company a “hold” rating in a report on Friday, March 20th. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$83.10.
View Our Latest Stock Report on Power Co. of Canada
Power Co. of Canada Stock Down 1.2%
Power Co. of Canada (TSE:POW – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share (EPS) for the quarter. The firm had revenue of C$10.96 billion during the quarter. Power Co. of Canada had a net margin of 6.98% and a return on equity of 10.81%. On average, equities research analysts forecast that Power Co. of Canada will post 4.9289678 EPS for the current fiscal year.
Power Co. of Canada News Summary
Here are the key news stories impacting Power Co. of Canada this week:
- Positive Sentiment: Jefferies Financial Group raised its price target on Power Co. of Canada to C$90.00, signaling confidence in further upside. Power Co. of Canada (TSE:POW) Given New C$90.00 Price Target at Jefferies Financial Group
- Positive Sentiment: Scotia issued a positive forecast and lifted its target to C$90.00, keeping a sector outperform view on POW. Scotia Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
- Positive Sentiment: Desjardins also turned more constructive, raising its price target to C$87.00 and maintaining a buy rating. Desjardins Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
- Positive Sentiment: Royal Bank of Canada increased its target to C$86.00 and reiterated an outperform stance, adding to the upbeat analyst momentum. Power Co. of Canada (TSE:POW) Price Target Raised to C$86.00 at Royal Bank Of Canada
- Neutral Sentiment: Power Co. of Canada released its Q1 2026 earnings call transcript and shareholder/analyst call remarks, which may provide additional color but did not include a clear market-moving surprise in the headlines provided. Power Corporation of Canada (POW:CA) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: A dividend declaration for a preferred share series was announced, which is usually routine and likely limited in impact on the common stock. Power Corporation of Canada PFD 1st C 5.80 declares CAD0.3625 dividend
- Negative Sentiment: TD Securities downgraded Power Co. of Canada from strong-buy to hold, which may be weighing on sentiment despite its higher target price. Power Co. of Canada was downgraded by TD Securities from strong-buy to hold
Power Co. of Canada Company Profile
Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada’s largest nonbank asset manager), and Pargesa (a holding company with interests in European companies). Power Corp. bought out the remaining shares of Power Financial in February 2020.
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